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there is always a bull market somewhere, and i promise to find it just for you, right here on "mad money." i'm jim cramer, and i will see you monday. done. it's the right thing to do for our families, for our businesses and for our entire economy. but the hour for immediate action is here. it is now. >> the president correctly says the time for immediate action is now. apparently not his immediate action, though, with the nation facing a crippling fiscal cliff in just three days, the president calls congressional leaders together and says, you fix it. no, he doesn't offer any new plan from the white house, no compromise. instead the president tells the senate to come up with a deal and the same senate that hasn't passed a budget in years. and the marks don't like it at all, 158 points now tanking and falling further in the after market and we'll have to see how asia opens on monday. it could be ugly. the headlines are falling fast and furious. we're all over it "the kudlow report" starts right now. >>> welcome. i'm michelle caruso-cabrera in for larry kudlow. a lot happened in just the last couple
, if you stick with the plan, i think equities are poised to do well this year. >> i talked with jim o'neill and he was saying he thinks this could be the year that the u.s. actually loses its leadership edge when it comes to bull markets and things going on. he thinks you handed it off to other countries overseas at this point. are you worried at all about that? >> i'm not. jim o'neill speaks from a different point of view than i would. maybity right in the thick of it down here. i'm a big believe in america. big believe in the markets. i have be a exposure to the markets like everybody does but i'm not ready to pass the mantle to somebody else. >> rich, we are talking about fighting the fed and what is bad idea that is. bonds are another market that people seem to not fight the fed but is this is the year that interest rates start higher? >> we don't know that. the fed is a huge elephant in the room and it is as long as they keep buying bonds, you don't have a problem. the thing that concerns me is that -- >> go ahead. >> the thing that concerns me is we borrow a trillion plus dollar
, jim butler. police said butler and philip got into an altercation inside the business, and philip was eventually shot. philip ran out of the business and collapsed in the parking lot. he has been having difficulties lately with people breaking into the store, which police have responded to. it is just someone broken and he was there. as far as philip, he had a vast criminal record, which included guilty pleas to second-degree assault, theft, drug offenses, and court appearances for in the same. so far, no charges have been filed in this case. >> authorities say they have recovered human remains where a trap was laid for firefighters in new york. officials believe the remains of the sister of the shooter. her younger brother is responsible for setting fires and ambushing first responders. the fund typewritten reports saying the shooter wanted to burn down the neighborhood, and saying, "i want to do what i do best -- killing people puzzle in connecticut today, police officers received a gift of time. other officers from across the state have stepped up to fill in, so every newtown p
. the dax is higher by 2%. italy up 3.5%. but of course, jim, what a two-day streak of gains we will see here on the market. >> i think that we're set up to go higher. i also want to caution -- i don't like to buy up 2%, 3%. that's never been a terrific way to get the year started. there's a lot of money coming in. i do want to be optimistic about 2013, because i felt that what was going to happen was capital gains could go up more, defense could go up a lot more. i was fearful going over the cliff. i can immediately switch to the debt ceiling and be negative and want to cry. but i want to focus on the fact that we got something good that happened. i know no one liked the deal. that's what happens. that's what compromise is about. >> exactly. >> you're not supposed to like a compromise deal. >> i agree. listen, it's a time to be optimistic. i love the tweet this morning that let's put d.c. on the back burner a bit, and put the stock price where it's supposed to be, which is future earnings. >> we'll get there in one 1/2 months when the sequester is over, when we'll have to deal with the
a good christmas. i'm melissa lee. we're live from the new york stock exchange. jim cramer has the day off. the latest s&p schiller home price report has been released. the results being shown at the bottom of your screen. david blitzer will join us with a closer look at the numbers in just a few minutes. let's get a check on how we're setting up on this day after christmas trading session. the dow looking higher by about 15 points. s&p looking at about two points at the open. european markets closed on this day after christmas. the uk and france among those celebrating foxing day. we start off with, what else, retail. dips in spending in the mid-atlantic and northeast regions. luxury sales also weak. >> we're coming off the worst christmas eve for the dow since 2006. as the president cuts short his hawaiian vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front. we'll have more on the data and whether it can keep one of the best performing sectors of
." i'm jim cramer, and i'll see you tomorrow. >>> good evening. i'm michelle caruso-cabrera in for larry kudlow. this is "the kudlow report." speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point w
outbreak. >> that was the weather channel's jim cantore right there and mike seidel reporting. in a few minutes, we'll have the forecast on where the storm is headed today. that's just ahead in weather. >>> but right now, unfortunately, we turn to politics. as if tax hikes and spending cuts weren't enough, there's a new reminder that the nation's debt ceiling is also hanging over the budget talks in washington. in a letter to congress yesterday, treasury secretary timothy geithner warned the government would hit its legal borrowing limit by monday. without the okay to borrow more, geithner says the treasury will be forced to take "extraordinary measures" to keep paying the bills. so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes below $25
if both sides can't bridge the divide? tara dowdell, democratic strategist, with former jim mcgreevey and david webb, accident cirrus xm patriot radio. good to see both of you. i want to begin with this. last night on fox news, this is what south carolina senator lindsey graham had to say about this meeting today. he said, quote, anytime you announce a meeting publicly in washington it's usually for political theater purposes. so, tara, is this all show? >> well i agree, obviously there is always some political theater going on in politics. i would say this year's oscar though goes to john boehner for pretending toe be nexting in good faith. throughout this whole process he has been the primary person pointing fingers and the democrats offered several different, several different opportunities for the speaker to come to the table, compromise opportunities. most recently even agreeing to seen less tax revenue as part of the deal. so i think that the issue here is that it is going to be very difficult for the republicans to come behind a compromise plan which has tax increases an
them and companies of tomorrow will not get the funds they need to jim walton of walmart four million from dividends. they are top guys pulling the money out. when you look at investment dollars. we have seen so much fluxation in the stock market. stuart varney said it was an effort to cash out some of the money because they don't know what is happening next year. it proves the basic point. you raise taxes you are not raising revenues. most people will respond to thes . they are not sure and look at walmart. it is the walton family that is the richest family in the united states. they initially planned dividend pay out for january 2nd . uncertainty about the fiscal cliff. they are moving up it is yet another example of how we get around this. i would point out when companies are not paying out the dividends, it means we get waste we don't like. instead they spend on offices and private jets and otherwise they might have distributed those funds much >> yes. john tamny, have a great new years. >> and coming up on the show . how late is too late to get your kids eating right? >> and othe
Search Results 0 to 8 of about 9